it is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows behaviour of the market. please consult your financial adviser before investing.
Just my analysis of what NIFTY is going to do ! It has entered back into the previously made channel and facing resistance from the center line.Lets see where it goes
JUST MY IDEA NOT A RECOMMENDATION. TRADE SAFELY
NIfty will now follow the up trend according to the technical analysis and chat pattern
"PRICE ACTION" -FRIDAY WAS A VERY GOOD DAY FOR TRADE -MARKET DID BREAK SUPPORT AND TEST LEVELS EXPECTED -BUT THE BOUNCE WAS SHARP FROM THE LOW -AS WE DISCUSSED EARLIER IN MY ARITCLE A CLOSE BELOW 14450 IS IMPORTANT FOR SUSTAINED DOWNSIDE -BUT SINCE FTSE REBALANCING WAS EXPECTED MARKET SAW MORE THAN EXPECTED -NOW IT REMAINS TO BE SEEN WHETHER WE SEE A CLOSE...
THIS IS THE NIFTY 50 TRADING IDEA IF NIFTY TAKES RESISTANCE THEN DOWNSIDE ..OR BREAKS THEN UP SIDE BUT BE CAUTIOUC IN THE MARKET..
NIFTY MUST FILL THEIR PREVIOUS GAP YOU CAN SEE IN PAST MAY BE I AM WRONG WHAT DO YOU THINK LET ME KNOW
NIFTY seems very BEARISH. BUt IT MUST BE OPEN AS GAP UP OR UPTREND. upto 9400 level. at least 9372 level.
BANKNIFTY is taking support and making bear flag pattern so the porobality is very high to break the trend line . if it breaks with volume make short position with small stoploss .
YES BANK SHARE PRICE WILL MOVE FROM 49.50 BUY ABOVE 49.50 TARGET 53.50 TO 53.80 IN TREND CHANNEL SUPPORT WILL MOVE TILL TREND CHANNEL RESISTANCE WILL SEE THE MOVE :-) NSE:YESBANK
1 Aug bars have turned into support but 500 SMA is also strong. What do you think ?
Probable Downside, but also watch 50 SMA closely. What do you think ??
Just playing in the S&R zones also 200 SMA is indicating the same. What do you think ?
Nifty is in bullish now, next target of 10930, 10980 (major resistance). Also it forms head and shoulders patterns, so long view says downtrend. 9300 range.
BTST IN GLENMARK JAN FUT BUYING THE DOJI FORMED AFTER A DOWN RUN HOLDING 50-DMA FOR 2 DAYS GOOD RISK TO REWARD RATIO BUY@658 STOP@652.75 TARGET@670 LOT:750 QTY:2
STBT IN DRREDDY'S JAN FUT BRERAKING DOWN ON MOVING AVERAGES SHORT@2575 STOP@2600 TARGET@2525 LOT:250 QTY:2